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Volkswagen Group and Chinese manufacturer Ganfeng sign memorandum of understanding for long-term lithium supplies

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The rapid increase in vehicle electrification in the automotive industry will have a major impact on global raw material markets. This specialized team is focusing on building close relationships with the raw material industry. Stefan Sommer, Group Board Member for Components and Procurement at Volkswagen Aktiengesellschaft.

Chinese 268
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Roskill: Niobium industry looking for a future beyond steel; Li-ion batteries a possibility

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Niobium is a metal primarily used by the steel industry as a ferroalloy strengthening element. Adding niobium reduces the amount and weight of steel required, an important feature for the automotive industry but also for infrastructure. was published in the journal Nature in 2018. Niobium and batteries. Griffith et al.

Li-ion 378
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Chinese EV battery manufacturer CATL building plant in Germany; 14 GWh capacity, €240M investment by 2022

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The Chinese EV battery manufacturer Contemporary Amperex Technology Ltd. CATL will invest €240 million by 2022 in the German plant, which will be located on a 70-hectare site in the industrial area Erfurt Cross. European knowledge in battery manufacturing. GWh in 2017—making it Nº 1 globally.

Germany 170
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Chinese EV battery manufacturer CATL building plant in Germany; 14 GWh capacity, €240M investment by 2022

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The Chinese EV battery manufacturer Contemporary Amperex Technology Ltd. CATL will invest €240 million by 2022 in the German plant, which will be located on a 70-hectare site in the industrial area Erfurt Cross. European knowledge in battery manufacturing. GWh in 2017—making it Nº 1 globally.

Germany 150
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Report suggests low-speed electric vehicles could affect Chinese demand for gasoline and disrupt oil prices worldwide

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The International Energy Agency estimated there were 4 million low-speed electric vehicles in China as of midyear 2018, representing about 2% of the country’s passenger cars, Collins said. Low-speed electric vehicle sales there appear to have slowed in 2018, but manufacturers still sold nearly 1.5 —Gabriel Collins.

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GAC Group begins construction of $6.5B industrial park for electric and intelligent vehicles

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China-based automobile manufacturer Guangzhou Automobile Group (GAC Group), the parent company of GAC Motor, has begun construction of a large industrial park for electric and intelligent vehicles as part of its efforts to boost its electric vehicle business. More than 45 billion yuan (US$6.5 billion yuan (US$679 million).

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Roskill: record cobalt deals in Q1 2018 show raw material procurement for Li-ion batteries revving up

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At least 12 recorded lithium and six cobalt transactions have been closed between downstream manufacturers and mining companies since 2016, signalling a changing trend in procurement strategy. In March 2018, Chinese high-tech recycling giant GEM signed a three-year cobalt supply agreement with Swiss miner Glencore. Earlier post.)

Li-ion 150